Dam it- I see the last hour had a sell off to be down at 40c.... I should have set my trigger for 40c not 41c- oh well. I was hoping it would not get close to being on the negative side of 40... Now the pressure will be on this stock until we hear from Management.
Some poor sentiment being directed to Management being reflected in the SP, as they will not give us the details of what the 91MIL is to be used for....IMO.
The INSTOS whom just paid 40c WITHOUT the 3c dividend that has been advised will not be happy.
Release details of your plans for your cashed up position ABP, active investors will not wish to wait until the year to date report in Feb 2010.
Or at least have Directors doing some BUYING 'On Market', so we can see the confidence level of current Directors...
Last Director trades for those interested:
29-09-2009 ABP David Bastian 500,000 0.415 AUD207,500 BUY
***David's BUY sees him raise his stake in Sep09 by 10% of current shares owned.
22-09-2009 ABP William Bartlett 60,000 0.416 AUD24,938 BUY
***Not a big punt by this Director.
08-10-2008 ABP Frank Wolf 200,000 0.881 AUD176,225 BUY
26-09-2008 ABP Dennis Bluth 20,000 0.946 AUD18,912 BUY
19-09-2008 ABP John Thame 20,000 1.060 AUD21,200 BUY
19-09-2008 ABP John Thame 25,000 0.900 AUD22,500 BUY
Good timing SELLS by Frank and Dennis. Poor timing BUYS by John, yet not worth anything in comparision to current stock held and relative to an OK salary.
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